anything happening here? been away for a few days.
What happened to the companion coin discussions etc? do we have an active developer on this team?
Not sure, but based on your posts in other forums, you seem to be promoting the hell out of companion coins (e.g. qrk). I suppose you may find some support here for that implementation, but unfortunately that may drive a lot of folks away. I see negative responses to companion coins all over the crypto community. This is not an innovative idea, rather a way to fork without forking, IMO.
Yes qrk and WC are in the same position. No development pot, no real devs. However active communities already formed and already on the best exchanges and well known.
I'll ask you and the others saying NO. Tell me a negative to the companion coin introduced via WC only IPO?
A negative other than it could be some competition to WC. We've covered that in the qrk thread. I am yet to hear any other.
There are 400 coins already in direct competition with WC, none of those have any potential benefits to WC.
A companion coin is not a way to fork. QRK needs it more than WC since WC already has POS.
However many WC holders will prefer to see WC have a crack at mainstream and not have that hampered by ANON features coded in. WOC will offer lots of benefits with no more negatives than the other 10 coins released today.
The QRK naysayers are yet to provide 1 clear negative of implementing their companion coin. Since the WOC will be sold by the foundation and the WC taken in payment will also be controlled. There is a lot less competition to WC directly in terms of market price than from other alts that will provide nothing in return for WC. WC is getting sold daily back to BTC to purchase coins others see as having a better future ahead. Hence the price slipping down again.
The ipo though can NEVER be via any other method that buying in with WC. Not just a few weeks. It has to be on WC until all the WOC ipo is sold off.
How would it drive anyone away. If there is no negative and lots of potential positives for both coins then why would anyone logically leave WC ? would seem a very strange decision. I would only buy WOC with my WC as things progressed positively in terms of development and activity. I would always keep most of my WC perhaps buying more to switch over to WOC if needs be.
The services and activity brought in by the companion coin would drive demand for both coins. Both coins can take things from each other and jointly use services funded by either one.
Most people listen to blanket statements that break down under closer scrutiny. Let's examine the idea in detail before saying it would be good or bad for WC.
The main issue is do we really have a dev team that can create a working anon coin that is as good as the other top tier ones in development ie xc,dark,cloak etc. I think with a large enough development pot such developers can be found.